Sensex ends slightly higher; capital goods, realty up - The New Indian Express

Sensex ends slightly higher; capital goods, realty up

Published: 14th March 2014 04:18 PM

Last Updated: 14th March 2014 04:18 PM

Indian markets after trading in the negative zone for most part of the day, turned positive at theclose on Friday. India's headline inflation eased to 4.68% in February 2014 as compared to 5.05% for the previous month. Capital goods, realty and auto stocks witnessed a rise.

At the close, the benchmark 30-share index, BSE Sensex gained 35.19 points or 0.16% at 21,809.80 with 16 components registering rise. Meanwhile, the broad based NSE Nifty climbed by 10.15 points or 0.16% at 6,503.25 with 28 components registering rise.

Sensex Movers

Larsen & Toubro contributed rise of 26.89 points in the Sensex. It was followed by I T C (26.27 points), Reliance Industries (14.88 points), Infosys (14.32 points) and Tata Motors (9.83 points).

However, H D F C Bank contributed fall of 24.46 points in the Sensex. It was followed by Housing Development Finance Corporation (24 points), Bharti Airtel (10.3 points), Wipro (8.86 points) and Hindustan Unilever (7.76 points).

Biggest gainers in the 30-share index were Bharat Heavy Electricals (2.54%), Larsen & Toubro (2.46%), Jindal Steel & Power (1.93%), Dr Reddy's Laboratories (1.53%), Cipla (1.47%), and Tata Steel (1.47%).

On the other hand, Wipro (2.90%), Bharti Airtel (1.93%), H D F C Bank (1.42%), Housing Development Finance Corporation (1.41%), Hindustan Unilever (1.10%), and Tata Consultancy Services (0.57%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps underperformed their larger counterparts declining -0.23% and -0.34% respectively.The major losers in the BSE Midcap were Allcargo Logistics (2.55%), CORE Education and Technologies (1.97%), Aban Offshore (1.63%), Alstom India (0.89%) and Allahabad Bank (0.8%).The major losers in the BSE Smallcap were Dr Datsons Labs (2.39%), A2Z Maintenance & Engineering Services (1.9%), Aarti Industries (1.76%), Trident (1.02%) and Reliance MediaWorks (0.18%).

Sectors in Limelight

The Capital Goods index was at 11,609.65, up by 210.36 points or by 1.85%. The major gainers were Crompton Greaves (4.63%), Bharat Heavy Electricals (2.54%), A I A Engineering (1.18%), F A G Bearings India (0.57%) and Bharat Electronics (0.37%).

The Realty index was at 1,387.68, up by 13.79 points or by 1%. The major gainers were D L F (3.86%), Housing Development and Infrastructure (3.27%), Godrej Properties (0.96%) and Indiabulls Real Estate (0.95%).

The Auto index was at 12,808.16, up by 119.23 points or by 0.94%. The major gainers were Cummins India (3.15%), Tata Motors (1.37%), Bosch (1.35%), Hero Motocorp (1.26%) and Mahindra & Mahindra (1.08%).

Market Breadth

Market breadth was negative with 1,261 advances against 1,575 declines.

Value and Volume Toppers

L&T Finance Holdings topped the value chart on the BSE with a turnover of Rs. 457.05 million. It was followed by I C I C I Bank (Rs. 434.02 million), Multi Commodity Exchange of India (Rs. 398.95 million) and Larsen & Toubro (Rs. 386.96 million).

The volume chart was led by L&T Finance Holdings with trades of over 6.15 million shares. It was followed by Unitech (3.65 million), H C L Infosystems (3.41 million) and Jaiprakash Associates (2.59 million).

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